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SpaceX’s Stock Slide and Big Moves | Roanoke News
Description
SpaceX’s stock is in freefall, down nearly 50% since its peak, as investor nerves tighten ahead of insider sell-offs and looming cash burn. With projected losses for H1 2024 exceeding last year’s total, analysts eye a potential rebound — but the pressure’s on. Starship’s latest test succeeded where the last one didn’t, and wild new recovery tech is in the works. Meanwhile, Starlink’s cash flow, Grok AI, and X (Twitter) keep the rocket ship flying — even if the fuel’s running low.
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